This chemical is primarily utilized in the field of organic synthesis and pharmaceutical research. It serves as a key intermediate in the development of complex organic compounds, particularly those with potential therapeutic applications. Its unique structure, featuring a spirocyclic framework, makes it valuable for creating molecules with specific stereochemical properties, which are crucial in drug design. Researchers often employ it in the synthesis of novel compounds targeting various biological pathways, including those involved in inflammation, cancer, and neurological disorders. Additionally, its stability and reactivity under controlled conditions make it a suitable candidate for further chemical modifications, enabling the exploration of new drug candidates and bioactive molecules.